322 UNIT LUXURY APARTMENT PROJECT

A complex of 322 apartments loaded with facilities such as personal wine lockers and dog spa could be built on the brink of the Golden Triangle neighborhood in a few months. The construction will target wealthy urban residents and could be the first project by Legacy Partners that has built and managed complexes of apartments in the suburbs of Denver since the 1970s. Spencer Stuart, the seniormanaging director of Legacy said that the project is designed to be like a hotel with premium boutiques with all the facilities that you would want in a home.

The property is limited by Galapago and Fox streets and West 14^th and 13^th Avenues, and Speer Boulevard. The builders still have to file formal plans and permits with the city of Denver. The sizes of units will range from 600 to 1,800 sq. ft. while the rents per month will be between $1,500 and $4,000. A report from the site Zumper revealed that while the flats are labeled as luxury just because they are new, the proposed rents by Legacy fall around the median rent matching the neighborhood.

Since everything is expensive in Denver, micro apartments are highly in demand because young people wanted by all companies cannot afford to live in the city and those micro flats tend to lease the fastest. Legacy met first with community members and city planner for this project. With this project, around 1,000 units are recently opened or in development and the location is appropriate since it close to restaurants and businesses.